Plan Ledger DOL Form 5500 · updated monthly

Homewatch Caregivers401(k)

HOMEWATCH CAREGIVERS 401(K) PLAN · PHOENIX, AZ · plan year 2022

Employer contribution per participant · 2022
$0

Homewatch Caregivers's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,047 across 8 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (1,285th of 1,285), and 11,888th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,047
Participants with balances8
Active participants8
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$506
Benefits paid to participants$230,228
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS, LLC
The Homewatch Caregivers 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Homewatch Caregivers's 2022 employer contribution ran below the $331 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Similar plansHealth Care & Social Assistance · Arizona
Small Miracles LLC AZ$28K · 0.04%
Sapphire of Tucson, LLC AZ$22K · 6.64%
First Steps, Inc. TN$4K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680589401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.